Limoneira co (LMNR)
CashFlow / Yearly
Oct'19Oct'18Oct'17Oct'16Oct'15Oct'14Oct'13Oct'12Oct'11Oct'10Oct'09
Operating activities
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-5,466

20,212

6,549

8,058

7,082

-

-

-

-

-

-

Net loss

-

-

-

-

-

6,991

4,906

3,150

1,598

323

-2,877

Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization

8,633

7,275

6,467

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

5,339

4,184

3,516

2,403

2,131

2,207

2,337

2,323

Gain on sale of stock in Calavo Growers. Inc.

-

-

-

-

5,033

0

3,138

0

0

-

-

Gain on sale of Rancho Refugio/Caldwell Ranch

-

-

-

-

-

-

-

-

1,351

0

-

Impairment of real estate development assets

0

1,558

120

0

0

435

95

0

1,196

2,422

6,203

(Gain) loss on disposals of assets

664

-178

-300

-

-

-

-

-

-

-

-

Gain on sale of stock in Calavo Growers, Inc.

-

-

-

-

-

-

-

-

-

-

2,729

Gain on disposals of assets

-

-

-

-125

-365

-505

0

-207

-90

1

-79

Gains (Losses) on Sales of Investment Real Estate

405

25

0

0

-

-

-

-

-

-

-

Stock compensation expense

1,791

1,368

1,328

1,309

1,077

1,116

753

947

795

1,159

770

Expense related to Officers' notes receivable forgiveness

-

-

-

-

-

-

-

-

-

687

-

Income (Loss) from Equity Method Investments

3,073

583

49

634

243

263

-1,449

173

81

345

-170

Cash distributions from equity investments

351

526

712

642

843

183

110

-

-

-

-

Deferred income taxes

-773

-7,307

2,292

6,195

-350

-129

-1,210

1,399

1,784

-843

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-2,226

Amortization of deferred financing costs

30

30

90

49

47

44

33

36

27

36

25

Non-cash interest income from derivative instruments

-

-

-

-

-

-

711

739

537

-1,987

-

Accrued interest on notes receivable

198

192

23

23

40

60

78

78

84

91

91

Equity Securities, FV-NI, Realized Gain (Loss)

-63

4,223

0

-

-

-

-

-

-

-

-

Equity Securities, FV-NI, Unrealized Gain (Loss)

-2,054

0

0

-

-

-

-

-

-

-

-

Gain on sale of stock in Calavo Growers, Inc.

-

-

-

3,419

-

-

-

-

-

-

-

Gain on sale of conservation easement

-

-

-

995

-

0

-

-

-

-

-

Gain on sale of Wilson Ranch

-

-

-

-

935

0

0

-

-

-

-

Fair value adjustment of contingent consideration

-

-

-

300

0

0

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

4,012

3,235

1,557

1,880

184

810

1,918

1,542

-209

-868

1,211

Cultural costs

-1,447

746

-193

-72

225

-433

-716

1,328

-133

201

-288

Prepaid expenses and other current assets

2,548

-99

-138

-78

-224

370

230

621

41

195

-210

Income taxes receivable

601

-192

-2,240

2,810

-1,143

1,143

-712

-612

83

1,241

-987

Other assets

7

134

-275

-312

286

-344

128

181

168

243

135

Accounts payable and growers payable

3,392

707

471

808

-873

4,125

93

1,836

263

0

-730

Accrued liabilities

1,542

2,601

-1,263

1,249

-1,678

912

2,008

1,271

-624

100

-1,748

Other long-term liabilities

-191

96

199

129

2,477

163

-296

-503

567

294

-

Net cash provided by operating activities

-

-

-

-

-

16,092

-

-

-

-

-

Other long-term liabilities

-

-

-

-

-

-

-

-

-

-

-403

Net cash used in operating activities

1,365

18,397

18,482

14,304

7,695

-

5,669

6,524

6,000

7,053

-1,095

Investing activities
Capital expenditures

15,867

13,873

12,901

16,252

31,254

25,866

10,428

8,467

6,359

5,502

-

Purchase of real estate development parcel

0

1,444

0

0

-

-

-

-

-

-

-

Net proceeds from sales of property assets

3,978

0

0

-

-

-

-

-

-

-

-

Net proceeds from sales of real estate development assets

2,886

1,543

0

-

-

-

-

-

-

-

-

Net proceeds from sales of real estate development assets

-

-

-

0

-

-

-

-

-

-

-

Proceeds from sale of LLC Interest

-

-

-

18,000

0

0

-

-

-

-

-

Capital expenditures

-

-

-

-

-

-

-

-

-

-

7,159

Payments to Acquire Businesses, Gross

397

13,111

0

15,098

3,389

0

375

1,796

0

0

-

Net proceeds from sale of Wilson Ranch

-

-

-

-

2,712

0

-

-

-

-

-

Net proceeds from sale of Wilson Ranch

-

-

-

-

-

-

0

-

-

-

-

Business combinations

15,000

25,000

5,706

0

0

700

11,101

803

0

-

-

Proceeds from Sale and Maturity of Marketable Securities

4,785

4,721

0

-

-

-

-

-

-

-

-

Collection of notes receivable

-

-

-

-

-

-

-350

15

-

-

-

Collections of installments on note receivable

150

200

0

-

-

-

-

-

-

-

-

Net proceeds from sale of investment in Calavo Growers, Inc.

-

-

-

-

-

-

-

-

-

-

6,079

Cash distributions from equity investments

-

-

-

-

-

-

-

-

-

147

79

Equity investment contributions

4,000

3,500

7,450

2,890

9

1,758

125

98

88

17

-

Net proceeds from sale of stock in Calavo Growers, Inc.

-

-

-

4,019

-

-

-

-

-

-

-

Net proceeds from sale of stock in Calavo Growers, Inc.

-

-

-

-

6,433

0

4,788

0

0

-

-

Net proceeds from sale of conservation easement

-

-

-

995

0

0

-

-

-

-

-

Collections of installments on note receivable

-

-

-

0

-

-

-

-

-

-

-

Net proceeds from sale of HM East Ridge, LLC property

-

-

-

-

-

-

5,713

0

0

-

-

Business combination

-

-

-

-

-

-

-

-

-

0

-

Acquisition of Rancho Refugio/Caldwell Ranch

-

-

-

-

-

-

-

-

6,510

0

-

Net proceeds from sale of business

-

-

-

-

-

-

-

-

11,377

-

-

Cash distribution from equity investment

283

0

0

-

-

-

-

220

330

-

-

Issuance of notes receivable

-

-

-

-

-

-

-

-

100

0

284

Investments in mutual water companies

472

343

359

296

300

299

319

311

154

119

30

Net cash used in investing activities

-

-

-

-

-

-28,623

-

-

-

-

-

Other

-

-

-

-

-

-

30

3

-34

-36

74

Net cash used in investing activities

-23,654

-50,807

-26,416

-11,522

-25,807

-

-11,527

-11,273

-1,470

-2,644

-1,389

Financing activities
Borrowings of long-term debt

122,899

167,356

181,429

157,423

120,484

117,765

58,450

40,044

31,622

32,849

27,921

Repayments of long-term debt

93,994

193,723

168,932

156,403

99,014

111,543

85,976

33,280

34,689

35,917

23,787

Dividends paid – common

5,331

4,025

3,155

2,834

2,539

2,321

1,944

1,470

1,400

1,403

701

Dividends paid – preferred

501

501

560

628

635

430

262

262

262

262

262

Exchange of common stock

605

656

294

190

275

176

236

196

-

-

-

Issuance of preferred stock

-

-

-

-

-

9,300

0

0

-

-

-

Issuance of common stock

0

64,097

0

0

-

-

35,897

-

-

-

-

Issuance (repurchase) of common stock

-

-

-

-

-

-

-

-6

-42

-

-

Repurchase of common stock

-

-

-

-

-

-

-

-

-

0

5

Payments of Debt Issuance Costs

35

0

108

65

0

106

0

91

0

21

166

Tax provision of stock grant vesting

-

-

-

-86

38

52

0

0

-

-

-

Net cash provided by financing activities

22,433

32,548

8,380

-2,783

18,059

-

5,929

4,739

-4,771

-4,754

3,000

Effect of exchange rate changes on cash

-137

-21

8

-

-

-

-

-

-

-

-

Net increase in cash

7

117

454

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-

-

-

-

-

12,541

-

-

-

-

-

Effect of exchange rate changes in cash

-

-

-

0

0

-

-

-

-

-

-

Net increase in cash

-

-

-

-1

-53

10

71

-10

-241

-345

516

Supplemental disclosures of cash flow information
Cash paid during the period for interest (net of amounts capitalized)

2,532

1,585

1,641

1,405

55

-51

-

-

-

-

-

Cash paid during the year for interest (net of amounts capitalized)

-

-

-

-

-

-

478

3,479

3,792

3,591

3,000

Cash paid during the year for income taxes, net of (refunds received)

130

210

-540

2,125

2,963

6,495

1,910

-

-

-

-987

Cash paid during the period for income taxes

-

-

-

-

-

-

-

252

-709

2,026

-

Non-cash investing and financing activities:
Unrealized holding gain on Calavo investment

0

6,765

4,365

2,668

487

9,425

3,893

692

445

-2,694

-5,070

Decrease in real estate development and sale-leaseback deferral

58,330

-27,934

-7,047

-

-

-

-

-

-

-

-

Increase in real estate development and sale-leaseback deferral

-

-

-

3,349

0

0

-

-

-

-

-

Increase in equity in investments and other long-term liabilities

0

1,080

0

0

-

-

-

-

-

-

-

Non-cash receipt of note receivable

0

3,000

0

0

-

-

-

-

-

-

-

Non-cash reduction of note receivable

-

-

0

0

1,535

0

0

-

-

-

-

Reclassification of real estate development to property, plant and equipment

-

-

-

26,779

0

0

-

-

-

-

-

Settlement of lease obligation related to agriculture property acquisition

-

-

-

739

0

0

-

-

-

-

-

Exchange of stock on Officers' loan forgiveness

-

-

-

-

-

-

-

-

-

1,229

-

Accrued interest on note receivable

-

-

-

-

-

-

-

-

-

-

91

Contribution to HM East Ridge, LLC equity investment

-

-

-

-

-

-

-

-

-

7,207

-

Capital expenditures accrued but not paid at period-end

133

399

427

594

1,270

1,134

487

248

245

185

242

Accrued equity investment contribution

-

-

-

325

0

0

-

-

-

-

-

Accrued interest on note receivable

198

192

23

23

40

60

78

78

84

91

-

Accrued contribution obligation of investment in water company

-

-

-

-

100

100

100

100

100

0

-

Accrued Series B-2 Convertible Preferred Stock dividends

-

-

-

0

-

-

-

-

-

-

-

Donation of common stock

-

-

-

-

100

100

100

100

100

0

-

Conversion of Stock, Amount Issued

0

0

1,421

50

50

0

0

-

-

-

-

Non-cash issuance of notes payable

0

1,435

0

0

-

-

-

-

-

-

-